NOT LISTED FOR SALE

415 E Luverne St Luverne, MN 56156

3 Beds
2 Baths
8,400 Sq Ft
0.74 Acres

Last Sold April 14, 2023

Last sale price $805,000 $96 Per Sq Ft

26 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • Many Trees
  • Luverne Elementary School Rated A-
  • Coin Laundry
  • Wood Siding

About This Home

As of April 2023

16 Units - A great investment opportunity! 2 multi-family apartment buildings being sold together - 415 E Luverne St & 415 E Lincoln St. Each building has 7 2-bedroom units and 1 single bedroom unit in each. Roofs have been replaced within last 7 years. New coin operated washer and dryers in each unit. Enjoy the city of Luverne with many beautiful parks, the Rock River and more!

Last Agent to Sell the Property

Jason Walgrave

RE/MAX Advantage Plus Listed on: 02/15/2023

RE/MAX Advantage Plus

Last Buyer's Agent

Samantha Jacobson

Real Estate Masters, Ltd.

Real Estate Masters, Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,456

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 137 x 136
  • Corner Lot
  • Many Trees
  • Additional Parcels

Home Design

  • Wood Siding

Interior Spaces

  • 8,400 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • On-Street Parking
  • Off-Site Parking
  • Assigned Parking

Utilities

  • Baseboard Heating

Community Details

  • 2 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • The owner pays for fuel, janitorial service, grounds care, repairs, water
  • Assessor Parcel Number 201175000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,456

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Apartment
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 8400
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 8400
  • Owner Pays: Fuel, Janitorial Service, Grounds Care, Repairs, Water
  • Basement YN: No
  • Appliances: Range
  • Appliances: Range

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Assigned, Off Site, On-Street Parking Only

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Other
  • Number of Ranges: One Per Unit

Schools

  • Junior High Dist: Luverne
  • SchoolDistrictPhone: 507-283-8088

Lot Info

  • Lot Size: 137 x 136
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 38696.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 201175000
  • Tax Annual Amount: 7456
  • TaxWithAssessments: 7456.0000

Multi Family

  • TenantPays: Cable TV, Electricity, Trash Collection
  • ElectricExpense: 3806
  • FuelExpense: 3806
  • Number Of Refrigerators: One Per Unit
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $805,000 -19.5% $96 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $1,000,000 -- $119 / Sq Ft
Source: NorthstarMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,502 $239,600 $23,100 $216,500
2024 $3,502 $239,600 $23,100 $216,500
2023 $3,800 $239,600 $23,100 $216,500
2022 $3,782 $231,900 $15,400 $216,500
2021 $3,734 $230,500 $14,000 $216,500
2020 $3,728 $230,500 $14,000 $216,500
2019 $3,514 $230,500 $14,000 $216,500
2018 $3,442 $220,300 $14,000 $206,300
2017 $3,146 $210,600 $14,000 $196,600
2016 $3,072 $202,500 $11,600 $190,900
2015 $3,012 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6326849

NorthstarMLS